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After A Trader Suicide, Robinhood Reveals Changes to Options Trading
Photo: Robinhood
Robinhood is making multiple changes to its options trading products, part of improvements he promised to do after one of its customers died by suicide thinking he incurred losses of over $700,000.
In a blog post Tuesday, the commission-free trading app revealed it’s launching a f
Adyen Executives Shed Stake as Company Growth Slows
Photo: Finance Magnates
Dutch payments company Adyen has announced on Thursday that its four top executives – CEO Pieter van der Does, CTO Arnout Schuijff, CFO Ingo Uytdehaage, and CCO Roelant Prins – are selling a total of 507,631 company shares, corresponding to approximately 15 percent of their
Gold Price Forecast: XAU/USD sellers remain hopeful amid dollar comeback
Gold’s bounce to be short-lived, as USD bulls hold the reigns.
Dollar cheers FOMC minutes, US-China optimism to weigh on gold.
Focus shifts to US jobless claims and Philly Fed Manufacturing survey.
Gold (XAU/USD) lost over 3.50% on Wednesday to settle at $1930, extending the fall from near $2000
PrimeXM’s XCore Adds Refinitiv Autex Trade Route
Photo: FM
XCore system, an FX bridge aggregation and hosting solutions provider, has integrated with Refinitiv Autex Trade Route (ATR), a major FIX-based order-routing network, the company announced on Monday.
This will enable the XCore community of brokers to directly access and trade with more
Bank of England to Add CBDC Support to New Payment System
Photo: Bloomberg, Bank of England
The Bank of England (BoE) is making its new payment settlement infrastructure compatible to support transactions with central bank digital currency (CBDC).
The update by the crypto-centric news website Coindesk followed the central bank’s official announcement on
Oil: Gets thrown a lifeline by API inventory data
Risk assets are exhibiting symptoms of distress as lawmakers haggle over the vital lifeline for millions of jobless Americans as Covid-19 continues to wreak havoc on the US economy, disrupting people's lives as consumer fear of the virus is starting to show up in the economic data and earnings repor
US futures trade higher, Fed meeting in focus
The US stock market may get an upward push if US consumer data beats the forecast. The forecast is 94, while the previous reading came in at 98.1. This is the last piece of valuable information that the Federal reserve will receive before their FOMC rate decision, which is due tomorrow.
Dow Index An
WTI on the backfoot, barely holding $41 as bearish fundamentals kicking-in
The price of a barrel of oil is trading at $41.03 in a 41.02/22 range in Asia, wilting away following a sour close on Wall Street.
Trade wars, coronavirus spread, real yields under pressure and prospects of a prolonged global recession as the US consumption dries up is weighing on the demand side o
Nikkei 225 closes lower by 0.78% at 22,438.65
A mixed session for Asian equities
Japanese stocks are following Wall Street lower, after the decline seen in US stocks yesterday. Meanwhile, Chinese equities are continuing their good form with the Shanghai Composite seen higher by 1.0% currently. The Hang Seng is up slightly by 0.2%.
That just
Pull-up Update
